Economics News Newswire

Economics News Newswire

Comprehensive Real-Time News Feed for Economics News.

Results 1 - 20 of 26,013 in Economics News

  1. Caesars gets momentary reprieve in New York lawsuit rulingRead the original story w/Photo

    7 min ago | The Wichita Eagle

    Caesars Entertainment Corp. can breathe a bit easier after a New York federal judge denied the company's bondholders a quick judgment in their pursuit for nearly $7 billion they say they're owed. On Thursday, New York Judge Shira Scheindlin denied bondholders their motion for partial summary judgment in the case giving Caesars a reprieve for now.


  2. Holy Hill Church Site Sells to Beijing DeveloperRead the original story

    27 min ago | Los Angeles Business Journal Online

    One of the last large land parcels near downtown Los Angeles, a 5.3-acre plot that was owned by a Korean Presbyterian church, has sold to a Beijing developer. Palisades Capital Partners, which opened an office in Beverly Hills, shelled out roughly $30 million for the large site at 1111 W. Sunset Blvd. in Echo Park, right at the border of downtown Los Angeles.


  3. Children's hospitalRead the original story w/Photo

    29 min ago | El Paso Times

    In a monthly operating report filed Thursday with the U.S. Bankruptcy Court, the hospital said that it lost $403,000 less in the 30 days ending July 15 than it did in the previous month. "It's pretty brutal," said Andy Krafsur, an El Paso businessman who used to work as a bankruptcy lawyer and who has also served as a bankruptcy trustee.


  4. Russian Film Distributor West Goes BankruptOver the last 20 years, it ...Read the original story w/Photo

    32 min ago | Hollywood Reporter

    Kurt Sutter first became famous during his reign of terror writing FX's smash "Sons of Anarchy." Now, with a second ultraviolent series about to hit, the Hollywood hothead has cooled down and opens up about his troubled childhood and why he no longer tweets the C-word.


  5. Home economics... answering your property questionsRead the original story w/Photo

    35 min ago |

    Our property expert on capital acquisition tax when buying the family home and transferring shares and the possible consequences of dry rot. Question: My mother died earlier this year, leaving the family home to me and my two siblings.


  6. Town Center Proposals On The RopesRead the original story w/Photo

    50 min ago | The Daily News

    Two of the three town centers envisioned by Memphis Mayor A C Wharton are going in different directions with a court ruling and an auction this week. The city of Memphis lost its bid to acquire the Raleigh Springs Mall by eminent domain in court as the Soulsville Town Center was sold at auction Thursday, Aug. 27. Circuit Court Judge James Russell ruled this week in favor of Raleigh Mall RPS, LLC , the Delaware corporation that owns the bulk of the property at 3390 Austin Peay Highway and has been fighting the eminent domain request by the city.


  7. Our Opinion: Winston Prouty's plans would benefit manyRead the original story w/Photo

    56 min ago | The Brattleboro Reformer

    The folks at the Winston Prouty Center for Child Development have a bold vision, one that not only aligns with their own expansion plans but also could benefit the greater Brattleboro community. The Winston Prouty Board of Directors has unanimously approved a plan to pursue the purchase of the 177-acre property of the former Austine School for the Deaf.


  8. Former RadioShack Will Pay Entire Value of Unredeemed Gift Cards Purchased by ConsumersRead the original story

    56 min ago | The Family Badge

    An independent professional claims agent company will be approved by the Bankruptcy Court to review and process the claims. Consumers will have 12 months after RadioShack's plan of liquidation goes into effect to file a simplified Proof of Claim form that will be available online or they can file their claim by mail if they prefer.


  9. Massive Mojave mine Molycorp to close, taking nearly 500 jobsRead the original story w/Photo

    59 min ago | San Bernardino County Sun

    MOUNTAIN PASS >> The only rare earth mining and processing plant in the Western Hemisphere is closing and virtually all of its nearly 500 person workforce is expected to be let go. Officials from Greenwood Village, Colorado-based Molycorp .


  10. For this year's edition, Moniker Art Fair to become first major art fair to accept Bitcoin paymentsRead the original story

    1 hr ago | Art Daily

    Specialising in urban culture and its related genres, Moniker Art Fair will showcase approximately 20 national and international contemporary art galleries. This October, Moniker Art Fair returns to east London's iconic Old Truman Brewery for its sixth year, having firmly established itself as London's premiere event for contemporary art rooted in urban culture.


  11. Salt Lake City Online Directory of Litigation PracticesRead the original story w/Photo

    1 hr ago | JD Journal

    Summary : With the law firm size, website, practice areas, and contact information, finding a litigation practice in Salt Lake City is easier than ever with this online directory. Salt Lake City, Utah is a place often forgotten when discussing big cities but the population of the area is over a million two years ago, almost double the size of Denver at that time.


  12. Judge Bans Union From Beaming 'Boycott Taj' Onto Ac CasinosRead the original story w/Photo

    2 hrs ago | NBC Philadelphia

    A major labor union is urging fellow union members to boycott Atlantic City casinos owned by billionaire Carl Icahn. A New Jersey judge on Thursday banned an Atlantic City union from using a light projector to beam critical messages onto the exterior walls of casinos owned or about to be owned by billionaire Carl Icahn.


  13. Judge blocks union from beaming messages onto Icahn casinosRead the original story w/Photo

    2 hrs ago | The Verona-Cedar Grove Times

    A New Jersey judge on Thursday banned an Atlantic City union from using a light projector to beam critical messages onto the exterior walls of casinos owned or about to be owned by billionaire Carl Icahn. Trump Entertainment Resorts got an injunction barring Local 54 of the Unite-HERE union from beaming the messages onto the Taj Mahal, Tropicana and the shuttered Trump Plaza.


  14. Jefferies Distressed-Debt Loss Said to Near $100 Million in 2015Read the original story

    2 hrs ago | The Washington Post

    A team of distressed-debt traders at Jefferies Group lost almost $100 million this year as the rout in oil prices battered the value of bonds and loans of energy companies, according to people with knowledge of the performance. The trading group incurred most of its losses from energy companies including Samson Resources, the driller that said Aug. 14 it was planning to file for bankruptcy protection, the people said Thursday.


  15. Solyndra lied to federal government about sales, report allegesRead the original story w/Photo

    3 hrs ago | SFGate

    Solyndra executives repeatedly inflated their sales figures and misled federal officials in pursuit of a $535 million government loan guarantee, according to the results of a four-year investigation into the Fremont solar manufacturer's high-profile demise. Solyndra's 2011 bankruptcy cost taxpayers more than $500 million, left 1,100 workers at the company's shuttered Fremont factory unemployed and helped politicize renewable power.


  16. Slide stresses Kansas oil producersRead the original story

    3 hrs ago |

    The Kansas oil industry continues to face pressure because of falling prices, which are approaching producers' costs for pumping the oil out of wells, industry experts said.


  17. Raises for Detroit Institute of Arts Execs Who Helped Save Its CollectionRead the original story w/Photo

    4 hrs ago | Hyperallergic

    The Detroit Institute of Arts will give pay raises and bonuses to three of its top executives in recognition of their work securing the museum's collection during the city of Detroit's bankruptcy negotiations . Former Director and President Graham Beal will get a retroactive $20,000 raise for the fiscal years 2014 and 2015, plus a $30,000 performance bonus; Executive Vice President and Chief Operating Officer Annmarie Erickson, and Chief Financial Officer Robert Bowen will receive 3% raises for the fiscal years 2014 and 2015, plus bonuses of $65,000 and $40,000, respectively.


  18. Ukraine gets major debt relief from creditors -- except RussiaRead the original story w/Photo

    4 hrs ago | Los Angeles Times

    Two girls at their home in Donetsk, Ukraine, which was destroyed by shelling this month. Damage to housing and infrastructure has added to the economic woes of the deeply indebted country.


  19. Puerto Rico bondholders coalition launchedRead the original story w/Photo

    4 hrs ago | Caribbean News Now!

    The 60 Plus Association on Thursday announced the formation of "Main Street Bondholders," a new small bondholder coalition made up of ordinary investors from Puerto Rico and the United States mainland who hold retirement, college and life savings in Puerto Rican bonds. These investments are threatened by Governor Alejandro Garcia Padilla's recent statements that he would refuse to honour Puerto Rico's debts.


  20. Bahamas credit rating downgraded in wake of resort bankruptcyRead the original story w/Photo

    4 hrs ago | Caribbean News Now!

    Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here . The Caribbean is especially vulnerable to rising sea levels brought about by global warming.